Qifu Technology (NASDAQ:QFIN – Get Free Report) and CleanSpark (NASDAQ:CLSK – Get Free Report) are both mid-cap business services companies, but which is the better investment? We will compare the two businesses based on the strength of their institutional ownership, analyst recommendations, dividends, profitability, risk, earnings and valuation.
Profitability
This table compares Qifu Technology and CleanSpark’s net margins, return on equity and return on assets.
| Net Margins | Return on Equity | Return on Assets | |
| Qifu Technology | 31.82% | 24.39% | 11.68% |
| CleanSpark | 16.07% | -2.61% | -2.24% |
Institutional & Insider Ownership
74.8% of Qifu Technology shares are owned by institutional investors. Comparatively, 43.1% of CleanSpark shares are owned by institutional investors. 17.1% of Qifu Technology shares are owned by insiders. Comparatively, 2.7% of CleanSpark shares are owned by insiders. Strong institutional ownership is an indication that endowments, hedge funds and large money managers believe a company is poised for long-term growth.
Earnings and Valuation
| Gross Revenue | Price/Sales Ratio | Net Income | Earnings Per Share | Price/Earnings Ratio | |
| Qifu Technology | $14.04 billion | 0.52 | $603.58 million | $5.80 | 7.93 |
| CleanSpark | $467.49 million | 4.66 | -$145.78 million | $0.11 | 70.45 |
Qifu Technology has higher revenue and earnings than CleanSpark. Qifu Technology is trading at a lower price-to-earnings ratio than CleanSpark, indicating that it is currently the more affordable of the two stocks.
Risk and Volatility
Qifu Technology has a beta of 0.59, suggesting that its stock price is 41% less volatile than the S&P 500. Comparatively, CleanSpark has a beta of 4.2, suggesting that its stock price is 320% more volatile than the S&P 500.
Analyst Recommendations
This is a breakdown of recent ratings and price targets for Qifu Technology and CleanSpark, as reported by MarketBeat.com.
| Sell Ratings | Hold Ratings | Buy Ratings | Strong Buy Ratings | Rating Score | |
| Qifu Technology | 0 | 0 | 1 | 0 | 3.00 |
| CleanSpark | 0 | 0 | 7 | 0 | 3.00 |
Qifu Technology currently has a consensus target price of $37.50, indicating a potential downside of 18.51%. CleanSpark has a consensus target price of $21.57, indicating a potential upside of 178.34%. Given CleanSpark’s higher possible upside, analysts plainly believe CleanSpark is more favorable than Qifu Technology.
Summary
Qifu Technology beats CleanSpark on 8 of the 13 factors compared between the two stocks.
About Qifu Technology
Qifu Technology, Inc., through its subsidiaries, operates credit-tech platform under the 360 Jietiao brand in the People's Republic of China. It provides credit-driven services that matches borrowers with financial institutions to conduct customer acquisition, initial and credit screening, advanced risk assessment, credit assessment, fund matching, and other post-facilitation services; and platform services, including loan facilitation and post-facilitation services to financial institution partners under intelligence credit engine, referral services, and risk management software-as-a-service. The company also offers e-commerce loans, enterprise loans, and invoice loans to SME owners. It serves financial institutions, consumers, and small- and micro-enterprises. The company was formerly known as 360 DigiTech, Inc. and changed its name to Qifu Technology, Inc. in March 2023. The company was founded in 2016 and is headquartered in Shanghai, the People's Republic of China.
About CleanSpark
CleanSpark, Inc. operates as a bitcoin miner in the Americas. It owns and operates data centers that primarily run on low-carbon power. Its infrastructure supports Bitcoin, a digital commodity and a tool for financial independence and inclusion. The company was formerly known as Stratean Inc. and changed its name to CleanSpark, Inc. in November 2016. CleanSpark, Inc. was incorporated in 1987 and is headquartered in Henderson, Nevada.
Receive News & Ratings for Qifu Technology Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Qifu Technology and related companies with MarketBeat.com's FREE daily email newsletter.
